Company registration number.. 03491707 Chority registration number: 1070198 Hillcrest Community Partnership (A company limited by share capital) Annual Report and Financi Statements for the Year Ended 31 March 2025 Shoreline Accountants Ltd 25 Clinton Place Seaford East Sussex BN25 INP
Hlllcrest Community Partnershlp Contents Reference and Administrative Detsijs Strategic Report Trustees, Report 3to5 Independent Examinees Report ststernent of Financial Activits"es Balance Sheet Notes to the Financial Ststements 9t0 17
Hillcrest Community Partnership Reference and Administrative Details Chalr Mrs Paula Woolven BEM Charity Reglstration Number 1070198 Company Reglstratlon Number 03491707 Regl$tered Offiee Hill¢rest Community Centre Bay Vue Road Newhaven East Su55¢X BN9 9LH Independent Examlner Shoreline Accountsnts Ltd 25 Clinton Place Seaford E&st Sussex BN25 INP Page I
Hillcrest Community Partnership Strategic Report for the Year Ended 31 Mareh 2025 The trustees, who are directors for the purposes of company law. present their strategic report for the year ended 31 March 2025, in compliance with s414C of the Companies Act 2006. Overview The charity's princtpal activity is the operntion of a local community centre providing accessible, affordable space for a wide range of community groups. classes. and events. The organisation supports social cohesion, prornotes wellbein& and provides facilities that enable residents. voluntary groups. and small organisations to deliver valuable services to the community. Objectives and Strategy The charity's strategic objeclive is to ensure the ¢ommunity centre remains a sustsinable, inclusive, and well- maintained resource for the local area. To achieve thi4 we focus on: Providing highuality. flexible spa¢es for hire at affordable rates. Encouraging a diverse programme of community activiti4 including fitness, education, arts. and support groups. Building relationships with local partners. organisations, and service providers. Mainlaining and improving the building and facililies to meet the needs of users. Ensuring strong fmancial management to support long-tenn sustainability. Achievements and Performanee By the end of the financial year, the charity saw an increase in demand for the centre's facilities. Room hire increased and supported a variety of community-led initiatives. User feedback was incredibly positive Tegarding the re-opening of the community café facility and the charity renewed its commitment to maintaining a safe, wel¢oming and accessible environment. Monthly investmenl was made ID essential maintenance and equipment to enhance the user experience and ensure compliance with relevant safety standards. Financial Review Income for the year was primarily derived from rrn hire with a small level of grant funding and fundraising a¢tivities. Expenditure was focused on running co4 propety maintenancA utilities, insurance, and stalymg. The trustees were able to reduce the anti¢ipated shortfall by around 25Vr* when they were appOintere-appolnted in December 2024 (the last quarter of the financial period). and identified the need to raise the reserves level to safeguard operations and meet future commitmen Principal Risks and Uneertainlles The trustees have assessed the key risks facing the charity, which include fluctuations in rentsl income. rising operating COS and the need for ongoing building maintenance. Mitigation measures include regular financial Page 2
monitorin& maintaining adequate reserves, and ensuring the buildin8 remains in good repair to attract consistent usage. Plans for the Future Over the coming year, the charity intends to continue improving the centre's facilities, explore opportunities for grant funding, and expand the range of activities offered through closer engagement with local groups. The trustees remain committed to supporting a thriving community hub that meets the evolving needs of residents and partner organisations. The strategic report was approved by the trustees of the charity on 10 December 2025 and signed on its behalf by: Mrs Paula Woolven BEM Chair Page 2
Hillcrest Community Partnership Trustees, Report The trustees, who are directors for the purposes of company law, present tlie annual report logether with the financial statements and auditors, report of the charitable company for Ihe year ended 31 March 2025. Objectives and activities Piihli¢ beiiefit Activities iiiidertaken io funher ublic benefit The trusiees confimi that they have complied with the requirement5 of section 17 of the Charities Act 2011 10 have due regard lo the public benefit guidance published by the Charity Commission for England and Wales. Trustee5 and oleerS The trustees and officers servin(y during ihe year and since the year-end were as follows- Trustees- Richard Evans (appointed 18 December 2024) Philip SavÉ1£e (appointed 18 Deceniber ?024) Joe Boylan (appointed l 8 December 2024) Rachel fryer (appointed 18 Deceinber ?0?4) Marian Slanley (appointed 24 October ?0?4) Patrick Nolaii (appoinled 18 December ?0?4) Lizzie Loiver (resiuned 27 August 20?4) Peter Rliode5 (appointed 27 August 20?4. Resigncd l 8th December 2024) Sondra Curnock (appointed 18 December 20?4. Resigined l Oth July 20?5) Andrew Blann (appoinied 27 August 2024. Resigned ?9 October 20241 Sarali Lucas (appointed 27 August ?0?4. Resigned 26 September 2024) Guy McQucen (resioned 27 AuLFusI ?0?4) Kevin A Idenon (Company Secretary) (resigned I l March 202)) Wi Iliam Giles {appointed 27 Augyust ?0?4. Resinned I l February 2025) H¢aihcr Mclean-Knighi (resigFned 27 August 2024) Kin)bLrly Parkinson (appointed 18 Deceniber 2024. Resigned 131h Feb 20?5) Anaslacia O, Donoghue (Resi<yned September 20?4) uncd 17, June 2024) Zar<l Mojdeh Mirfakhraee (R¢si. Current Chair.. Mrs Paula Woolven BEM (appoinled ?7 Auousi 20?4) Structure, governance and mun4Trgement Financial instruments ObjeLlive.i aii(Ipolicie5 The charity's activities expose il to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives 15 governed by the cliarity's policies approved by the board of Iruslees, which provide ivritlen principles on the use of financi<11 derivalives to manage these risks. The charity does not use derivative financial instruments for speculative purposes. Page 3
Hillcrest Community Partnership Trnstees, Report Cashflow risk The charity's activities expose it primarily to the financial risks of change5 in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exp)sures. Interest bearing assets and liabilitie5 are held at fixed rate to ensure certainty of cash flows. Credil risk The charity's principal fmancial assets are bank balances and cash, trade and other Te1v8b1Cs, and investments. The charity's credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairnient is made where there is an identified loss event which. based on previous experience. is evidence of a reduction in the recoverability of the cash flows. The credit risk on liquid funds and derivalive fmancial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The charity has no significant concentration of credit risK with exposure spread over a large number of counterparties and customers. Liquldity rlsk In order to maintain liquldity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of Ii)ng-temi and short-tern] debt finance. Further details regarding liquidity risk can be found in the SLitement of accounting policies in the financial ststements. ststement of trnstees, responsibilities The trustees (who are also the dir¢ctors of Hillcrest Communty Partnership for the purposes of company law) are responsible for preparing the trustees, report and the fmancial statements in accordaDce with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting SLdard applicable in the UK and Republic of Ireland.. Company law requires the trnstees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable Company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements. the trustees are required to: select suitsble accounting policies and apply them consistently: observe the methods and principles in the Charities SORP" make judgements and estimates that are reasonable and prudent: state whether applicable accounting standards. comprising FRS 102 have been followed, subjecr to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going Concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper a¢¢ounting records ¢an disclose with reasonable ac¢urncy at any time the financial position of the charitable company and enable them to ensure that the fmancial statements comply with the Companies Act 2006. They are also responsibl¢ for safeguarding the assets of the charitable rnpany and hence for taking reasonable • for the prevention and dete¢tion of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial inforniation included on the charitable companys website. Legislation governing the preparation and dissemination of financial slalements may differ from legislation in other jurisdictions.
Hillcrest Community Partnership Trustees, Report Dl$elosure of Information to audltor Each trustee has taken steps that they ought to have taken as a trustee in order to make ihernselves aware of any relevant audit inforniation and to establish that the charity's auditor is aware of that infomiation. The trustees confirm that there is no relevant infomation that they know of and of which they know the auditor is unaware. The annual report was approved by the trustees of the charity on l O December 2025 and signed on its behalf by: Mrs Paula Woolven BEM Chair Page 5
Hillcrest Community Partnership Independent Examiner's Report to tbe trnstees of Hillcrest Community Partnership ('the Compgny,) I report to the tharity trustees on rny examination of the accounts of the Company for the year ended 31 March 2025. Responsibllltks and basts of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparntion of the accounts in accordance with the requirements of the Companie$ Act 2006 {'the 2006 Act.). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of rny examination ofyour charity's accounts as caTried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In canying out my examination I have followed the Directions given by the Charity Commission under section 145(5Xb) of the 2011 ACL Independent examiner's statement I have completed my examination. I confinn no matters have ¢ome to my attention in connection with the examination giving me cause to believe: l. accounting records were not kept in r&5pect of Hillcrest Community Partnership as required by se¢rion 386 of the 2006 Act" or 2. the accounts do not accord with those records: or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the wcounts give a 'true and fair view, which is not a matter considered as part of an independent examination" or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charittes [applicable to chartties preparing their accounts in accordance with the Financial Reporting SLdard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have Come across no other matters in Connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mark Boxall Shoreline Attountants limited 25 Clinton Place Seaford East Sussex BN25 INP Page 6
Hillcrest Community Partnership Statement of FinaDeial Activities for the Year Ended 31 March 2025 Uncluding Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Total 2025 Note Income and Endowments from: Donations and legacies Other income 12,850 12,850 115995 Total income 128 845 Expendlture on: Raising funds Charitable activities (700) 172 876 (700) 172 876 Total expenditure 173 576 173 576 Net expenditure Net movement in funds (44,731) (44,731) Reconelliation orrunds Totsl funds brought forward 571 85 571385 Total funds carried forward 19 526 654 Unrestricted runds 526 654 Total 2024 Note Income and Endowmenls from: Donations and legacies Other trading activities Other income 43,832 466 108 753 43,832 466 108 753 Total income 153051 153 051 Expenditure on: Raising funds Charitable activities (202,368) (202,368) Total expenditure 207 400 207 400 Net expenditure Net movement in funds (54,349) (54,349) Reconciliation of funds Total funds brought forward 625 734 625 734 Total funds carried forward 19 571,385 571385 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 19. The notes on pages 9 to 17 fonn an integrdl part of these fmancial statements. Page 7
Hlllcrest Community Partnership (Registration number: 03491707) Balance Sheet as f4t 31 March 2025 2025 2024 Note Flxed assets Tangible assets Current assets Debtors Cash at bank and in hand 12 448.983 464,829 14 15 10.317 15,248 100 334 115,582 84,734 Credltors: Amounts falllng due wlthln one year 16 Net ¢urrent assets 106 556 Net assets 528 773 571385 Funds of the charlty: Unrestrkted Ineome funds Unrestricted funds 528 773 571385 Total funds 19 528 773 571385 The financial statements on pages 7 to 17 were approved by the trustee4 and authorised for issue on 24 November 2025 and signed on their behalf by: Mrs Paula Woolven Chair The notes on pages 9 to 17 forni an integral part of these financial statements. Page 8
Hillcrest Community Partnership Notes to tbe Financial Statements for the Year Ended 31 Marcb 2025 I Charlty status The charity is limited by shar¢ capital. incorporated in . The address of its registered office is: Hillcrest Community Centre Bay Vue Road Newhaven East Sussex BN9 9LH These financial statements were authorised for issue by the truslees on 24 November 2025. 2 Accountlng pollcle$ Summary of $lgnlfl¢ant aeeountlng pollcles and key aecountlng estlmates The principal accounting policies applied in the preparation of these financial staternents are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of eomp15anee The financial statements have been prepared in ac¢ordance with Accounting and Reporting by Charities: Statement of Recommended Pra¢tice (applicable to ¢harities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) (Charities SORP (FRS 102)), the Financial Reportin8 Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basls of preparatlon Hillcrest Community Partnership meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at histori¢al cost or transaction value unless otherwise stated in the relevant accounting policy notes. Golng eoneern The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affe¢t the carrying value of assets held by the charity. Income ond endowments All income is recognised on¢¢ the charity has entitlement to the in¢om@ it is probable that the income will be received and the amount of the income receivable Can be measured reliably. Dona¢lons and legacles Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perforniance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those ¢onditions is wholly within the control of the charity and it is probable that these Conditions will be fulfilled in the reporting period. Page 9
Hillcrest CommunRty Partnership Notes to tbe Financial Statements for the Year Ended 31 Mareh 2025 Grants recelvable Grants are recognised when the charity has an entitlement to the funds and any Conditions linked to the grants have been met. Where perfom]ance conditions are attached to the grant and are yet to be met, the in¢ome is recognised as a liability atkl included on the balance sheei as deferred income ¢0 be rele&5ed. Expendlture All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount tyi be measured reliably. All costs are allocated to the applicable expenditure heading that aggrege stmilar ¢osts to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resourtts, with central staff costs allocated on the basis of time spent, and depreciation Charges allocated on the FK)rtion of the &8set's use. Other support costs are allocated based on the spread of staff costs. Ratslnzfundf These are Costs incurred in altracting voluntary income, the mana8ernent of inve5thients and those incurred in trading activities that raise funds. Charllable acllvllles Charitable expenditure comprises thNe costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs thar can be allocated directly to such activities and those costs of an indirect nature necessary to SUPPOrt ihem. Support eosts Support costs include central functions and have been allocated to activity Cost Categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas. or per capit4 Slaff costs by the time spent and other Costs by their usage. Governanee eosts These include the costs attributable lo th¢ charity's cornplian¢e with constitutional and ststutory requirements, including audiL strategic managemeni and trustees meetings and tEimbursed expenses. Taxallon The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 201 O and therefore it meets the definition of a chariiable cornpany for UK corporation tsx purposes. Accordingly, the charity is polentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied ¢xclusiv¢ty to Charitsble purposes. Tangible fixed assets Individual fixed assets costing £0.00 or more are initially recorded at cosL less any subsequent accumulated depreciation and subsequent accumulated impainnent losses. Depreciation and amortisation Depreciation is provided on tangible red assets 50 as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset class Improvements to property Depreciation method and rate IiP/• on reducing balance Page 10
Hillcrest Community Partnership Notes to the Financial Statements for the Year Ended 31 MArch 2025 Plant and machinery Fixtures and fittings 250/0 on redu¢ing balance 200/0 on reducing balance Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfonned in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairn]ent. A provision for the impairnient of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original temis of the receivables. Cash and ¢ash equlvalents Cash and ¢ash equivalents Comprise ¢ash on hand and call deposits. and other short-temi highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade ¢redltors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reportin8 period, to defer settlement of the creditor for at leasl twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-curreni liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Borrowlngs Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Inlerest-bearing borrowings are subsequently Caled at amortised cost. with the difference between the pro¢¢¢ds. net of transaction costs, and the amount due on redemption being recognised as a charge lo the Statement of Financial A¢livities over the period of the relevant bom)wing. Interest expense is recognised on the basis of the effective interest method and is included in interesi payable and similar charges. Borrowings are classifi¢d as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelv¢ months aft¢r the reporting dat¢. Fund slru¢ture Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectlves of the charity. Pagell
Hillcrest Community Partnership Notes to the Financial Statements for the Year Ended 31 March 2025 Flnancial iDStrnrnents Classlfication Financial assets and financial liabilities are recognised when the charity becomes a paty to the contractual provisions of the instrumenL Financial liabilities and equity instruments are classified according to the subsiance of the contractual arrangements entered into. An equity instrumenl is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities. Reeognlilon qnd nwosurenwil All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classifsed as at fair value through profit or 104 which are initially measured at fair value (which is nornially the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitll*s a financing transaction. the financial asset or financial liability is rneasured at the present value of the futh paynents dIOunt at a markel rate of interest for a simllar debt instrumenL Financial &8sets and liabilities are only offset in the statement of financial position when. and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basi4 or to realise the asset and settle the liability simultaneously. Financial assets are derecognised when and only when a) the contrdctual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asseL or c) the charity, despite havtng retained some. but not all, significanl risks and rewards of ownership. has transferred control of the assei to another party. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires. 3 Ineome from donations and legacies Unrestricted funds General Total funds Donations and legacies. Donations from individuals Grants, including capital grdnts. Donations from community groups Regular giving and capital donations 1,037 1,037 11.801 12 11,801 12 Total for 2025 Total for 2024 Page 12
Hillcrest Community Partnership Notes to the Financial Statements for the Year Ended 31 March 2025 4 Income from other tradlng aetlvlties Unrestrieted funds General Tolal nds Total for 2025 Total for 2024 466 466 S Other income Unr¢strlct¢d fund$ General TotPdl runds Rental income 115001 Total for 2025 115001 Total for 2024 6 Expendlture on ratsing fvnds Costs of generatlng donitlons and legacles Unrestrleted runds General Total funds Note Total for 2024 111893 111893 b) Costs of tradlng activllles Unrestricted funds Genernl Totsl rund$ Note Allocated support costs 700 700 Tolal for 2025 700 700 Total for 2024 Page 13
Hillcrest Communlty Partnership Notes to the Financial Statements for the Year Ended 31 March 2025 Tolal eosts 7 Expendlture on charltable actlvltles Unrestrleted funds General Total funds Note Allocated support costs Governan¢e costs 166,181 166,181 Total for 2025 172 876 172 876 Total for 2024 Total expendlture In addition to the ¢xpenditure analysed above, there are also governance costs of £6,695 (2024 - £7.123) which relate directly to charitable activities. See note 8 for further dall$. 8 Analys1$ ofgovernance and support Costs Covernance Costs Unrestrlcted funds Ceneral Total funds Allocated support costs Total for 2025 Page 14
Hillcrest Community Parthersbip Notes to the Financial Statements for tbe Year Ended 31 Mareh 2025 9 Net incomingloutgolng resources Net outgoing resources for the year include: 2025 10 Tru$lee$ remuneratlon and expenses I l Taxation The charity is a registered charity and is therefore exempi from taxation. 12 Tlnglble fixed assets Land Ind buildin8$ Furnlture and equlpment Tolal Cost At l April 2024 715 32 129 149 At 31 March 2025 715 32 129 149 844381 Deprttlgtlon At l April 2024 Charge for the year At 31 March 2025 266,469 13.082 379,551 116553 395 398 Net book value At 31 March 2025 436 387 448 983 At 31 Mareh 2024 448 763 13 Flxed asset Investments 2025 14 Debtors 2025 2024 Trade debtor5 Prepayments Other debtors 10,317 14,941 157 150 48 15 Page 15
Hillcrest Community Partnership Notes to the Finaneial Staten)ents for the Year Ended 31 March 2025 15 Cash and eash equivalents 2025 2024 Cash on Ind Cash at bank 710 74,417 100 334 16 Credltors: amounts falling due within one year 2025 2024 Trade creditors Other taxation and social security VAT grant repayable Other creditors Accruals 1.383 808 (4,577) 6,130 4,308 3.500 1,218 17 Penslon and other schemes Defined contribution pension scheme The charity operates a defined contribution pension xheme. The pension cosl charge for the year represents contributions payable by the charity to the scheme. 18 Share tapital 19 Funds Balance at I April 2024 Incoming resourees Resouree$ expended Balance at 31 March 2025 Unrestricted funds General 571385 Balance al I April 2023 173 576 Resources expended 528 773 Balance at 31 March 2024 Incoming resources Unrestrieled funds General 625 734 153,051 207 400 571385 Page 16
Hillcrest Community Partnership Notes to the Financial Statements for the Year Ended 31 March 2025 20 Anatysls of net assets between funds Unrestrieted funds General Total funds at 31 March 2025 R¢stri¢ted funds Tangible fixed assets Current assets Current liabilities 448,983 84.734 936 448,983 84.734 Totsl net assets 534 653 528 773 Unrestricted Total funds at 31 funds March Genernl 2024 Tangible fixed assets Current assets Current liabilities 464,829 115.582 464,829 115,582 Total net assets 571 85 571385 21 Analysis ofnet funds At 31 March 2025 At J Aprll 2024 Cash at bank and in hand 100 334 100 334 Net debt 100 334 100 334 Al 31 Mareh 2024 At l April 2023 Net d¢bt 22 Related party transactions Page 17
Hillcrest Community Partnershlp Statement of Financial Activities by fuDd for the Year Ended 31 March 2025 Unrestricted Funds Total Total Unrestricted Unrestrleted Funds Funds 2025 2024 Income and Endowments from: Donations and legacies Other trading activities Other income 12,850 43,832 466 108 753 115995 Total income 128 845 153 051 Expenditure on: Raising funds Charitable activities (700) (202,368) Total expenditure 173 76 207 400 Net expenditure Net movement in funds (44.731) (54,349) Reconeiliation of funds Total funds brought foThvard 571385 625 734 Total funds carried forward 526.654 571385 This pag¢ does not forni part of the statutory financial statements. Page 18
Hillcrest Community Partnership Detailed Statement of FiDancial Aetivities for the Year Ended 31 March 2025 Total 2025 Total 2024 Donollons and legacl Appeals and donations Subscriptions Grants receivable 1.037 12 43.700 132 Olliér tradlng actlvllles Exhibitions 466 466 Olher Income Rentsl income Rental income Other income 114,446 555 994 115995 91.999 108 753 Ratslngfynds Wa8es and salaries StalT pensions (Defined contribution)- wsion scheme I Staff trainin8 Rates LighL heat and power Insurance Repairs and maint¢nanc¢ Repairs and renewals General maintenance Telephone and fax Printin& postage and stationery Trade subscriptions Hire of plant and machinery (Spot hire) Sundry expenses Cleaning AoUnncY fees Legal and professional fees Legal and professional fees Depreciation of freehold property Depreciation of plant and machinery Depreciation of fixtures and fittings (69,946) (873) (6,834) (11.987) (28,658) (6,793) (935) (18,337) (10,345) (1,426) (4,061) {852) (467) (12,449) (2,866) (7,123) (248) (700) (13,752) (1,695) 700 202 368 Cliarflable ac11"lIeS This page does not forni part of the statutory fmancial statements. Page 19
Hillerest Communlty Partnershlp Detailed Statement of Financial Aetivities for the Year Ended 31 March 2025 Total 2025 Total 2024 Wages and salaries Staff NIC (Employers) Staff pensions (Defined contribution) - wsion scheme I Slaff training Staff welfare Water rates Lighl heat and power Insurance Repairs and maintenance Repairs and renewal$ General maintenance Telephone and fax Computer software and maintenance costs Printing, postage and stationery Trnde subscriptions Hire of plant and machinery (Spot hire) Sundry expenses Cleaning Advertising Bank charges Depreciation of freehold property Depreciation of plant and machinery Depreciation of fixtures and rIng$ Accountancy fees (77,234) (793) (1,158) 2,670 (618) (12.322) (23,984) (7.119) (900) (9.230) (1.798) (1,511) (251) (2.827) (708) (137) {9275) (2.358) (683) (98) (12.376) (1.287> (2,184) (1,333) (740) (1,429) (1,408) (122) 172 876 This page does not form part of the statutory fm8ncial ststement$. Page 20